Our client is a global Metals trading company; part of an international group based in Central London.
The role of Risk Management Analyst is to assess and report independently all elements of the risk and exposures related to commercial activities, including the reporting of trading positions and management of P&L, trade review and reconciliation, in order to meet key accounting and regulatory standards.
DUTIES AND RESPONSIBILITIES:
- Review data entry in the trading system.
- Assess and report market risk control items daily/ weekly/ monthly, based on the Operating Policy.
- Prepare and analyse weekly and monthly P&L reports, in accordance with set deadline.
- Complete accounting memos & requirements in need for compilation of quarterly financials required by Accounting Department within set deadline.
- Handle questions related to market risk control items and P&L reports from both internal control and external audit.
- Ensure market price risk is captured and hedge actions executed.
- Prepare ad-hoc reports to management to assist in any area of position reporting/ structure/ strategy.
- Facilitate the ad-hoc new system development project of the Metals trading Group.
- Provide cover for team members during periods of absence as may be required.
- To comply with internal department controls and company polices/procedures.
REQUIRED SKILLS AND QUALIFICATIONS:
ESSENTIAL:
- Experience of risk management work and knowledge of risk management terms.
- Advanced Excel skills and the ability to learn new systems.
- Good understanding for mathematic figures, formula and modelling (mainly using Microsoft Excel).
- Excellent communication skills, comfortable liaising within the team, Front Office and internal departments.
- Proficient verbal and written English.
- Works well under pressure whilst remaining calm and methodical.
- Uses initiative to prioritise own work, with general guidance of the line/department manager.
- Very high standard of accuracy and attention to detail.
- Excellent time management skills and good interpersonal skills.
- Flexible attitude and willingness to adapt to new requirements.
DESIRABLE:
- Knowledge of physical commodity business, especially metals and minerals trading
- Previous experience of working with SAP
- Experience of working in a multicultural environment
- Basic knowledge of accounting standards